133 Hermosa StLady Lake, FL 32159

Property Details for 133 Hermosa St

Year built

2020

Construction

WOOD FRAME

Lot size

0.91 AC

Property size (Sq ft)

3,537 SF

Property type

Office properties

Property subtype

Office buildings

APN

17-18-24-0300-000-02200

APU

171824030000002200

Description

This exceptional 1.84-acre commercial land parcel is strategically located on US Highway 441/27 in Lady Lake, Florida, directly adjacent to the Water Oak Golf & Country Club. The property boasts approximately 375 feet of highway frontage, benefiting from an average daily traffic count of 30,500 vehicles (FDOT data). Its HC zoning allows for a variety of commercial uses. The site offers convenient access via a golf cart path directly connecting to the Water Oak community, a 300+ acre, 55+ golf community currently undergoing significant expansion. This prime location is further enhanced by the ongoing six-lane expansion of US Highway 441/27 and a newly constructed, lighted intersection just beyond Water Oak. Infrastructure is in place, with shared retention and utilities readily available at the site. The asking price reflects an aggressive market positioning for this rare opportunity. Parcel numbers are 1132070 and 1132045. The property's address is 133 W Hermosa St, Lady Lake, FL 32159.

• CAP approach

  CAP return

  Valuation

  6%

  $698,840

  6.5%

  $645,083

  7%

  $599,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $524,099

  Geo Method

  $524,099

• Alternative Use

  Use

  Valuation

  Residential

  $799,903

  Hospitality

  $732,707

  Educational

  $609,603

  Medical

  $630,569

  Retail

  $948,272

Location Insight

City

Lady Lake

County

Lake

State

Florida

Latitude

28.9201

Longitude

-81.9231

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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